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    7201 Minnesota Ave Sioux Falls, SD 57108

    Sponsored
    For Lease
    $32 SF/Yr

    Prime Retail Space - Walmart Corridor

    Lot size:
    10,011 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at the hard NW corner of 81st Street and Minnesota Avenue in Lincoln County. The property is part of a multi-tenant strip center totaling 10,011 square feet, offering excellent visibility and accessibility. A planned future stoplight at this full-access intersection will further enhance traffic flow and exposure. The strategic location within a Walmart-anchored corridor ensures high foot traffic and a strong customer base. Currently, one space is available, offering 2,000 square feet of versatile retail space. A particularly attractive north endcap unit of 1,817 square feet is also available, offering increased visibility and potential for signage. The property's prime location and strong tenant mix make it an ideal investment for businesses seeking high visibility and a thriving retail environment. The asking rate is $32 per square foot, NNN. This is a rare opportunity to secure a prominent retail space in a rapidly growing area. Don't miss out on this chance to establish your business in a high-traffic, well-established commercial corridor. Contact us today to schedule a showing and learn more about this exceptional property.

    Property Features for 7201 Minnesota Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,011 SF
    Total Rate
    26696

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,000 SF
    Rate per SF
    $32

    HighLights

    • Hard NW corner of 81st Street & Minnesota Avenue, full‑access intersection with planned stoplight.
    • Located on a Walmart‑anchored corridor.
    • North endcap space: 1,817 square feet available.
    • $32 per square foot, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7289951
    Latitude
    43.4790238

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space - Walmart Corridor
    Where is this retail property located?
    The property is located at 7201 Minnesota Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Hard NW corner of 81st Street & Minnesota Avenue, full-access intersection with planned stoplight.; Located on a Walmart-anchored corridor.; North endcap space: 1,817 square feet available.
    Request Owner's contact information
    7201 Minnesota Ave Sioux Falls, SD 57108
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    Sioux Falls, SD 57108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7201 Minnesota Ave Sioux Falls, SD 57108
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